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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 187,464 $ 281,277
Accounts receivable, less allowance for credit losses of $35,944 and $35,465 at March 31, 2025 and December 31, 2024, respectively 590,120 612,107
Inventories 1,095,082 1,031,647
Prepaid expenses and other current assets 115,873 107,139
Total current assets 1,988,539 2,032,170
Property and equipment, net 709,530 690,023
Customer lists, net 150,430 152,737
Patents and technology, net 369,053 379,095
Other intangible assets, net 17,623 20,026
Tradenames, net 204,977 206,664
Goodwill 1,442,571 1,436,261
Deferred income taxes 31,315 24,132
Operating lease and other assets 146,416 168,223
Total assets 5,060,454 5,109,331
Liabilities, Current [Abstract]    
Short-term borrowings 56,533 55,848
Accounts payable 439,699 458,693
Accrued wages and employee benefits 50,422 81,485
Accrued product warranty 56,161 56,127
Other accrued liabilities 332,466 313,401
Long-Term Debt and Lease Obligation, Current 72,307 67,598
Total current liabilities 1,007,588 1,033,152
Long-term borrowings and finance lease obligations 1,195,861 1,210,776
Deferred income taxes 33,709 33,185
Deferred revenue 200,050 193,260
Operating lease and other long-term liabilities 150,221 141,515
Total liabilities 2,587,429 2,611,888
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 74,035,516 and 73,785,631 shares issued at March 31, 2025 and December 31, 2024, respectively 740 738
Additional paid-in capital 1,145,990 1,133,756
Treasury stock, at cost, 14,953,986 and 14,173,697 shares at March 31, 2025 and December 31, 2024, respectively (1,303,086) (1,196,997)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 2,888,136 2,844,296
Accumulated other comprehensive loss (60,440) (85,399)
Stockholders’ equity attributable to Generac Holdings Inc. 2,469,224 2,494,278
Noncontrolling interests 3,801 3,165
Total stockholders' equity 2,473,025 2,497,443
Total liabilities and stockholders’ equity $ 5,060,454 $ 5,109,331